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Two-Building Medical Office Portfolio
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4613 Bee Caves Rd, Austin, TX 78746

Adjacent outpatient buildings offer healthcare-focused occupancy along Bee Caves Road in Westlake.

Property Size55,520 SF
Days on Market102

Property Features for 4613 Bee Caves Rd

General Information

Standard status Active
Size 55,520 SF
Property subtype Office
Occupancy 92%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $1,430,679

Building Details

Year Built 2007
Buildings 2
Stories 2
Tenancy Multi
Listing Agency: Transwestern Austin
Listed By: Seth Gilford · License #475183114
Source: Crexi
Added: May 21 Changed: Aug 30 Last Checked: Aug 30 at 9:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Transwestern Austin

Investment Insights

Based on property information with market context.

The Hills Medical Buildings comprise two adjacent, two-story outpatient facilities totaling 55,520 square feet. Built in 2007, the properties are held in fee simple and include adjoining parking lots. The tenant base includes 13 healthcare users, with occupancy reported at 92%. Westlake Hills Surgery Center and its affiliated practice serve as the primary anchors, alongside specialty providers including dermatology and breast care services.

The buildings are located at 4613 and 4701 Bee Caves Road in Austin’s Westlake community, at a lighted intersection along a heavily traveled commercial corridor. Both properties operate under net lease structures, with more than 4 years remaining on a weighted-average basis. In-place rents are reported at 11% below current market rental rates within Westlake.

Key Highlights

  • Two adjacent two‑story outpatient buildings total 55,520 square feet
  • 92% occupancy across a diversified roster of 13 tenants
  • Anchored by Westlake Hills Surgery Center and its affiliated practice

Property Analytics

Current Use

Lauren Mckee, MA Physician Kyle Knutson, MPT Physician St. David's Outpatient ... Physician Todd O. Whipple, ... Alternative Medicine Practice Periodontal Health Professionals Dental Office

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Garden Center Storage Facility Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,052
Businesses Nearby
Well-served
Demand for This Use

Demographics for 78746, TX

29,106
Population
11,897
Households
2.4
Avg Household Size
41
Median Age
83%
College-Educated
99%
High-School Grad
22.9 sq mi
ZIP Area
1,271
Density / Sq Mi
$183,028
Median Household Income
$92,124
Median Earnings
$2,097
Median Rent
$1,352,500
Median Home Value

Market

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025
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Similar Off Market Nearby

  • Westlake Animal Hospital - A Thrive Pet Healthcare Partner 3930 Bee Caves Rd, Austin, TX 78746
  • Mercer Veterinary Clinic for the Homeless 5524 Bee Cave Rd, Austin, TX 78746

Frequently Asked Questions

What type of property is this?
Medical Office Space - Adjacent outpatient buildings offer healthcare-focused occupancy along Bee Caves Road in Westlake.
Where is this medical office space located?
The property is located at 4613 Bee Caves Rd Austin, TX.
What are key features of this property?
This property features: Two adjacent two‑story outpatient buildings total 55,520 square feet; 92% occupancy across a diversified roster of 13 tenants; Anchored by Westlake Hills Surgery Center and its affiliated practice
(512) 848-0741 Call to check price and availability
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